Thanks for the prompt responses -I was expecting a critical (harsh) audience so no offense taken.
My motivation for using a trust is primarily asset protection - rightly or wrongly all of our other private wealth to date have been invested in our own names. And thanks for the anecdote Paul@PFI...
Hi All,
Long time stalker - first time poster.
I am investigating alternative structures for a proposed business venture. My accountant has strongly recommended a trust structure over a partnership or sole trader - mainly for liability reasons.
Is it practicable to administer a trust...